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AT&T buys DirecTv for 67,1 billion: a new media-television giant is born

With this move, AT&T gains about 20 million DirectTV subscribers in one fell swoop – The deal will need to be approved by federal regulators and to help the approval process, AT&T has announced that it should sell its stake in America Movil Sab.

AT&T buys DirecTv for 67,1 billion: a new media-television giant is born

The American telecommunications giant At & T he bought DirecTV., a satellite TV provider, for $95 a share, or more than $48 billion (67,1 billion including debt). The payment will be mixed (shares and cash) and the operation has already been approved by the Boards of both companies. 

Thus was born a new global giant in the TV and telecommunications market, which lays the foundations for total integration between the distribution of content between mobile telephony and video and broadband platforms. 

AT&T bets on video To compensate for the slowdown in growth in the mobile phone market, Direct TV will be able to offer its customers a package that includes broadband connection, as its competitors already do.

AT&T will finance the operation "with a combination of available liquidity - reads the note -, the sale of non-core assets and transactions on the debt market". 

With this move, AT&T gains about 20 million DirectTV subscribers in one fell swoop. The deal will need to be approved by federal regulators and to help with the approval process, AT&T has announced it would sell its stake in America Movil Sab.

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